Southwest Florida Incorporated
- Assets
- $469.5k
- Revenue
- $698.4k
- Investments
- $0.0
- Employees
- 11
- Location
- Estero, FL
- Founding
- 02/1979
- Data as of
- 09/2023
- EIN
- 59-1694019
Organization Overview
Southwest Florida Incorporated is located in Estero, FL. The organization was established in 1979. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Southwest Florida Incorporated employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Florida Incorporated is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Southwest Florida Incorporated generated $698.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $740.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE ITS MEMBERS, PROMOTES AN ENVIRONMENT WHERE BUSINESSES CAN GROW AND PROSPER AND STRIVES TO ENHANCE THE QUALITY OF LIFE IN BONITA SPRINGS, FLORIDA, AND ITS SURROUNDING AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATE OF THE REGION IS A REGIONAL PUBLIC POLICY EVENT FOCUSED ON ISSUES CRITICAL TO THE SUCCESS OF SOUTHWEST FLORIDA. THE EVENT PRIMARILY FOCUSES ON WORKFORCE HOUSING, TALEN DEVELOPMENT, TRANSPORTATION, INFRASTRUCTURE AND COMMUNITY GROWTH.
GOLF TOURNAMENT - AN ESSENTIAL FUNCTION THAT AFFORDS PARTICIPANTS AN OPPORTUNITY TO NETWORK WITH MEMBERS OF THE BUSINESS COMMUNITY.
VISITOR GUIDE ALLOWS LOCAL BUSINESSES TO HIGHLIGHT THEIR BUSINESSES, ATTACT NEW CUSTOMERS AND ENGAGEMENT SEASONAL VISITORS IN SOUTHWEST FLORIDA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marci Seamples Past Chair | OfficerTrustee | 0.5 | $0 |
Edward Smith Director | Trustee | 0.25 | $0 |
Danville Leadbetter Director | Trustee | 0.25 | $0 |
Darcy Eikenberg Director | Trustee | 0.25 | $0 |
Meighan Harris Director | Trustee | 0.25 | $0 |
Alaina Streblow Chair | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $178,877 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,835 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $202,712 |
| Total Program Service Revenue | $443,129 |
| Investment income | $131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $698,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,436 |
| Compensation of current officers, directors, key employees. | $64,218 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $235,972 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,848 |
| Payroll taxes | $30,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,010 |
| Advertising and promotion | $12,443 |
| Office expenses | $14,595 |
| Information technology | $20,749 |
| Royalties | $0 |
| Occupancy | $60,741 |
| Travel | $3,216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,357 |
| Interest | $777 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,798 |
| Insurance | $22,021 |
| All other expenses | $0 |
| Total functional expenses | $740,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,825 |
| Savings and temporary cash investments | $171,049 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,619 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,439 |
| Net Land, buildings, and equipment | $206,561 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $469,493 |
| Accounts payable and accrued expenses | $38,454 |
| Grants payable | $0 |
| Deferred revenue | $199,833 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $238,287 |
| Net assets without donor restrictions | $231,206 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $469,493 |